People selling property in Cyprus are being targeted by fraudsters claiming to be from a company called ‘Prime Consortium’ who are trying to obtain their bank account details in return for a 10 per cent deposit.

If the professional advisors had foreseen the pitfalls of Swiss Franc mortgages and did not tell the borrowers or worse still if they planned it this way, then we would have a scam of scandalous proportions.

Seven months after selling their house in Cyprus, a British couple finally received the proceeds of the sale from their Paralimni-based lawyer after they engaged another lawyer to collect their money from him.